Registry · SPNS
Does Sapiens International Corporation N.V. support Israel?
Yes — Sapiens International Corporation N.V. has documented support for Israel on record. Every claim below links to its source.
Filed under: Tech companies · Companies that support Israel
Background
Sapiens turns up in 'does it support Israel' searches because it is widely reported as an Israeli company — Holon-headquartered, Israeli-managed, Israeli R&D, long controlled by Israel's Formula Systems group and part of the Formula/Matrix/Magic IT family. Its own SEC filings describe the war since October 7, 2023 as a business risk and note that a small portion of its employees and consultants in Israel were called up for reserve military service, but that is a description of Israeli reservist law, not a company action. This research found no documented corporate donation by Sapiens to the Israeli military or to war-related charities, no formal solidarity statement and no Israeli defense contract; its connection to Israel is its Israeli headquarters, workforce, R&D grants and tax base.
SEC — Sapiens 20-F annual report (FY2024) Times of Israel
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 1984 | — | State of Israel (headquarters, R&D, employment and tax base) Israeli-run software company: although incorporated in the Cayman Islands, Sapiens states in its SEC annual report that its principal executive offices are at Azrieli Center, 26 Harokmim Street, Holon, Israel, and that its research and development is anchored in Israel, where it receives Israeli government R&D grants and Israeli tax benefits. It grew out of a Weizmann Institute software project, was listed on Nasdaq (SPNS) and the Tel Aviv Stock Exchange, employed 4,850 people worldwide serving more than 600 insurers as of December 31, 2024, and was controlled by the Israeli holding group Formula Systems (1985) Ltd., which beneficially owned roughly 43.5% of its shares. | |
| Acquisition | 2025-12-17 | $2,500,000,000 | Advent International (buyer) and Formula Systems (1985) Ltd. (Israeli seller retaining a minority stake) Sapiens was taken private by US private-equity firm Advent International in a transaction completed on December 17, 2025: public shareholders received $43.50 per share in cash, valuing the Holon-headquartered company at about $2.5 billion. Israeli parent Formula Systems did not cash out — per Formula's SEC annual report it retained, through a series of transactional steps, an indirect 18.68% minority stake in Sapiens held via SI Swan UK Topco Limited, so Israeli ownership of the business continues alongside Advent. |
Frequently asked questions
Did Sapiens International Corporation N.V. donate money to Israel or Israeli causes?
We have no records of cash donations, but Sapiens International Corporation N.V. has documented support of other kinds (Operations in Israel, Acquisition). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 5 distinct sources are cited for Sapiens International Corporation N.V.. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-30
- SEC — Sapiens 20-F annual report (FY2024) sec.gov
- Times of Israel timesofisrael.com
- SEC — Formula Systems 20-F annual report (FY2025), disposition of Sapiens sec.gov
- Sapiens (official press release) sapiens.com
- JNS jns.org